Toyota Asks U.S. Dealers to Limit Some Replacement-Parts Orders From Japan
Toyota Asks U.S. Dealers to Limit Some Replacement Orders
Jim R. Bounds/Bloomberg
A Toyota Motor Corp. logo sits on display on a vehicle at the Fred Anderson Toyota dealership in Raleigh, North Carolina.
A Toyota Motor Corp. logo sits on display on a vehicle at the Fred Anderson Toyota dealership in Raleigh, North Carolina. Photographer: Jim R. Bounds/Bloomberg
Toyota, Sony Disruptions May Last Weeks
Tomohiro Ohsumi/Bloomberg
Sony and Toyota have both fallen 12 percent in Tokyo trading since March 10, the last day of trading before the quake.
Sony and Toyota have both fallen 12 percent in Tokyo trading since March 10, the last day of trading before the quake. Photographer: Tomohiro Ohsumi/Bloomberg
Toyota Motor Corp. (7203) asked U.S. dealers to limit replacement-parts orders to those that are "critically needed" because supplies of some components from Japan likely will be disrupted.
“Damage sustained by certain Japanese parts suppliers will interrupt their normal production,” the Toyota City, Japan- based company said in an e-mail to dealers today. While replacement-part inventories are adequate for now, about 233 components have been placed on controlled allocation out of more than 300,000 in use, Toyota said.
Toyota, the world’s largest automaker, has suspended most auto and parts production in Japan since the magnitude-9 earthquake and tsunami that has left more than 27,000 people dead or missing. The company said last week it expects some North American auto production to be reduced because of likely parts shortages.
Toyota’s U.S. sales unit is based in Torrance, California.
To contact the reporter on this story: Alan Ohnsman in Los Angeles at aohnsman@bloomberg.net
To contact the editor responsible for this story: Kae Inoue at kinoue@bloomberg.net
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